Minimum: 5 years and Maximum: 25 years (Rider Term cannot exceed the Premium Payment Term of the Base Policy)

Premium Payment Term

Regular Premium

Premium Payment Frequency

Annual, Semi- Annual, Quarterly & Monthly *

Death Benefit

Rider Sum Assured

*ECS only

Bharti AXA Life Term Rider pays out additional Sum Assured in case of death of the Life Insured. The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.

For e.g. Rahul purchases a Bharti AXA plan and selects the Term Rider option. The Sum Assured under the Base Plan is Rs. 500,000. Rahul chooses a Sum Assured of Rs. 500,000 as Term Rider Sum Assured. In case of an unfortunate event of death, Rahul’s nominee will receive Death Benefit as applicable under the Base Plan & will additionally receive Rs. 500,000 as a part of the Rider’s Death Benefit.

Our Products with which the Rider can be attached: You can avail the rider in case you buy any of the following products:

Bharti AXA Life Dhan Varsha

Bharti AXA Life Elite Advantage

Bharti AXA Life Income Protection Plan

Bharti AXA Life Monthly Advantage

Bharti AXA Life Samriddhi

Bharti AXA Life Secure Income Plan

*Term Rider can be taken in addition to Hospicash Rider and/or Accidental Death Benefit Rider. Products where Premium waiver rider is applicable/selected by the customer, Term Rider cannot be attached.

1. Enhanced Protection in case of Death: In case of an unfortunate event of death, the nominee will receive Rider Sum Assured in addition to the Death Benefit applicable under the Base Policy

2. Flexibility to choose Rider Coverage Term: Term Rider can be taken for terms that range from 5 years to 25 years. You have the flexibility to choose the coverage term for the rider however the rider term cannot exceed the premium payment term of the Base Policy.

3. Flexibility to choose Rider Sum Assured: You can choose the rider sum assured for as low as Rs. 25,000. The rider sum assured cannot be greater than the Sum Assured that is applicable under the Base Policy.

4. Tax Benefits: You can avail tax benefits on premium paid subject to current provisions of Section 80C of the Income Tax Act, 1961.